Last €0.32 EUR
Change Today +0.006 / 1.94%
Volume 0.0
As of 2:03 AM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

tengasco inc (T7U) Snapshot

Open
€0.32
Previous Close
€0.31
Day High
€0.32
Day Low
€0.32
52 Week High
03/24/14 - €0.38
52 Week Low
09/9/13 - €0.26
Market Cap
19.2M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
60.8M
EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for TENGASCO INC (T7U)

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tengasco inc (T7U) Details

Tengasco, Inc. explores for and produces oil and natural gas in the United States. It primarily holds interests in the oil and gas properties located in Kansas. As of December 31, 2013, the company had 196 producing oil wells in central Kansas. It markets crude oil primarily to local refining companies. The company was formerly known as Onasco Companies, Inc. and changed its name to Tengasco, Inc. in 1995. Tengasco, Inc. was founded in 1916 and is headquartered in Knoxville, Tennessee.

Founded in 1916

tengasco inc (T7U) Top Compensated Officers

Interim Chief Executive Officer, Chief Financ...
Total Annual Compensation: $208.3K
Vice President, General Counsel and Secretary
Total Annual Compensation: $137.9K
Compensation as of Fiscal Year 2013.

tengasco inc (T7U) Key Developments

Tengasco Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Tengasco Inc. announced earnings results for the second quarter and six months ended June 30, 2014. The Company reported net income from continuing operations of $377,000 or $0.01 per share of common stock during the second quarter of 2014 compared to net income from continuing operations of $805,000 or $0.01 per share of common stock during the second quarter of 2013. The Company also recognized $4.0 million in revenues during the second quarter of 2014 compared to $3.9 million during the second quarter of 2013. The Company reported net income from continuing operations of $802,000, or $0.01 per share of common stock during the first six months of 2014 compared to net income from continuing operations of $1.8 million or $0.03 per share of common stock during the first six months of 2013. The Company also recognized $7.5 million in revenues during the first six months of 2014 compared to $8.2 million of revenues recognized during the first six months of 2013. The $982,000 decrease in net income from continuing operations was primarily due to a $696,000 decrease in revenues, a $744,000 increase in production cost and taxes which includes the one-time charge for $386,000 related to the BSEE civil penalty, a $389,000 increase in general and administrative expense, partially offset by a $181,000 decrease in interest expense, and a $632,000 decrease in associated income tax expense.

Tengasco Inc. Reports Earnings Results for the First Quarter Ended March 31, 2014

Tengasco Inc. reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net income from continuing operations of $424,000 or $0.01 per share of common stock compared to net income from continuing operations of $978,000 or $0.02 per share of common stock during the first quarter of 2013. The company recognized $3.5 million in revenues during the first quarter of 2014, down from $4.3 million during the first quarter of 2013 primarily due to a 9 MBbl decrease in Kansas oil sales volumes, a $142,000 decrease in Swan Creek revenues as these properties were sold in August 2013, $70,000 decrease in MMC revenue due to increase downtime during the first three months of 2014 as compared to the first three months of 2013, partially offset by $173,000 increase in revenues related to a $4.68 increase in the average oil price.

Tengasco Announces Relocation of Principal Offices from Knoxville, Tennessee to Denver, Colorado

Tengasco Inc. announced that the Board of Directors has approved the relocation of the company's principal offices from Knoxville, Tennessee to Denver, Colorado. The relocation is expected to be completed by June 30, 2014.

 

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